The World’s Biggest Carbon Tax
The world’s biggest carbon tax starts on July 1, 2012 and will push up the prices of everything, especially electricity, grocery and healthcare costs.
Labor’s carbon tax will result in:
• A new $9 billion a year tax
• An immediate 10% hike in electricity bills in the first year alone
• A 9% per cent hike in gas bills in the first year alone
• $3.3 billion in more government debt
Cuts to Private Health Rebates
From 1 July 2012, large rises in healthcare costs for most Australians, meaning less support when you need it most.
• Under Labor’s hit on health insurance more than 2.4 million Australians with health insurance will pay up to 43% more for their health cover. Even if you don’t lose the rebate, your health premium will be forced higher as people drop or reduce private health cover.
• 5.6 million Australians with private health insurance have an annual household income of less than $50,000 and 3.4 million have an annual household income of less than $35,000.
• Independent analysis found the cuts are expected to push an estimated 1.6 million more people on to the public health system - That means longer waiting times in public hospitals and more pressure on already stretched hospitals.
On top of massive increases in childcare fees, Labor’s cuts to the childcare rebate are making childcare unaffordable.
• Labor have cut the childcare rebate for families by almost $500 per child per year.
• Labor’s National Quality Framework for childcare centres is pushing up fees, with potential increase of up to $50 per week.
Your Cost of Living under Labor
And under Labor, the cost of living pressures for all Australians have gone from bad to worse with:
• Electricity prices have increased by an average of 61% across Australia
• Gas prices have increased by an average of 37% across Australia
• Water and sewerage rates have increased by an average of 58% across Australia
• The price of petrol is up 8% across Australia
• Health costs have increased by an average of 20% across Australia
• Education costs have increased by an average of 24% across Australia
• The price of bread has gone up by 9% across Australia
• The cost of food overall has gone up by 13% across Australia
• The cost of fruit and vegetables has gone up by 20% across Australia
• The amount of rent people are now paying has increased by 25% across Australia.